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06.08.2021 02:48 PMTechnical analysis:
BTC has been trading sideways at the price fo $40,600 and watching for the breakout will be good strategy under current condition.
Trading recommendation:
Watch for the breakout of the symmetrical triangle pattern in the background to confirm further direction.
In case of the upside breakout of the resistance at $41,350, watch for buying with target at $42,900
In case of the downside breakout of support at $39,900, watch for selling with target at $38,400.
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